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Author Archives: Chief Executive

Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.

GE to Announce Relocation Decision on Thursday

The Boston Globe is reporting that General Electric Company, the largest employer in the state of Connecticut, will relocate its global headquarters to Boston. Company executives called the governor and mayor of Connecticut separately Wednesday morning, as well as their staffs, to say a formal announcement will come Thursday.

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How to Fix America’s Infrastructure

When CEOs and a boards of director sit down to talk about where to locate, relocate or expand their company, infrastructure is always crucial in the decision. Good roads, strategically located highways, a good environment for raising a family and a strong population base from which to secure employees is key, as is evident in our annual Best & Worst States for Business ranking. This article by The Atlantic offers interesting observations about the current state of the U.S. infrastructure.

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U.S. Job Growth Has Second Best Year Since 1999

The Bureau of Labor Statistics said nonfarm payrolls increased a seasonally adjusted 292,000 in December with the unemployment rate holding steady at 5%. Ahead of the report, economists surveyed by The Wall Street Journal had estimated payroll growth of 210,000 and a decline in the unemployment rate to 4.9%.

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Valeant CEO J. Michael Pearson on Medical Leave

Valeant Pharmaceuticals International, Inc., a Canadian company, has appointed Howard B. Schiller interim CEO according to a company statement. Schiller served as Valeant’s chief financial officer from December 2011 through June 2015 and currently serves on Valeant’s Board of Directors. Valeant also announced that Robert Ingram, Lead Independent Director, will serve as interim chairman of the Board of Directors. J. Michael Pearson remains ...

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